A Business Sells a Product with Variable Costs Per Unit

question 11

Multiple Choice

A business sells a product with variable costs per unit of $30. per period. The selling price per unit is $100. Assuming 1,000 units are sold in a period, what is the contribution margin for the period?

• A)$60,000.
• B)$30,000.
• C)$70,000.
• D)$100,000.

Analyze the effects of aging on general health and susceptibility to illnesses.

Understand the concept and implications of organizational politics.

Recognize the role of political skills in job performance, job satisfaction, and career success.

Identify the behaviours and characteristics of high Machiavellians in organizational contexts.

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Definitions:

Medical Insurance

Health coverage that typically pays for medical, surgical, prescription drug, and sometimes dental expenses incurred by the insured.

Health Risks

Potential factors or behaviors that can lead to disease, injury, or other health problems.

Moral Hazard

A situation where one party engages in risky behavior knowing that it is protected against the risk because another party will incur the cost.

U.S. Population

The total number of residents living in the United States, as measured by census and population estimates.